Orlando Technology Growth Trends
And Why Startup Communities Matter
Originally presented to Orlando, Inc.
April 24, 2014
@...
What This Talk Is About
Orlando’s future belongs to a company
that does not yet exist.
Building the ecosystem that gives r...
The Rise of City-States
Photo credit: zonu.com
City-States
In the flat world, cities are the most
important geographic boundaries that
matter.
Economic opportunity, qual...
Can you identify the following cities with
just a photo and a few facts?
These cities may surprise you.
Population: 23,470,000
2013 GDP $353 billion (USD)
If this city were a country, it would be
more populous than Australia a...
Shanghai
Population: 13,000,000
One of the largest companies on
earth is headquartered here
$110 billion (USD) market cap
540,000 e...
Mumbai
Population: 10,188,000
#1 Twitter city in the world
#2 Facebook city in the world
Source: Forbes, Social Bakers,
World Pop...
Jakarta
Population: 11,822,000
2011 GDP was $200 billion USD
850,000 university students
90 museums, 54 parks, billboards are bann...
São Paulo
#1 Tourist Destination in the US
#3 busiest airport in the US
#1 MS&T cluster in the world
#2 largest university in the US
Orlando
Diverse business community with global
leadership
Venture Capital backed exits and financings
But where are the $1bn startups?
$10B
San Francisco
2007
$4.1B
Palo Alto
2008
$2B
Boston
2002
$4.8B
Los Angeles
2002
$1.6B...
Geography of Venture Capital
Source: The Atlantic Cities
Source: The
Atlantic
Source: The Atlantic Cities
Venture Capital Per Capita
Source: The
Atlantic
Source: The Atlantic Cities
Based on start ups with high concentrations of STEM jobs, then measured by
location quotient, ...
Source: The Atlantic Cities
Shanghai 1950s and 2000s
Zhangjiang Hi-tech Park
Shanghai
• Established in July 1992
• 29 Square Miles
• 9164 Enterprises
• 270,000 Employees (60% ...
HITEC City
Hyderabad
• Established in 1998
• 1000s of square acres
• Convention center, hotels,
exhibition center
• Area c...
This is our Zhangjiang Hi-tech
Park and HITEC City. The CV
will transform our city.
Infrastructure
Research Parks
Incubators & Accelerators
Start Up Culture
Evangelists & Mavens
Universities
Government Supp...
Source: clrsearch.com
Source: NewGeography
Photo Credit:
Meet Ups:
• Orlando Tech Meetup
• 1M Cups
• IndieNomicon
• Orlando Data Science
• Tech on Tap
• Dozens of smaller
meetups
...
Florida Tech Journal’s Venture Lounge
Photo Credit: Florida Tech Journal
Photo Credit: Starter Studio
Starter Studio’s Kick Off
Photo Credit: Florida Tech
Starter Studio’s Demo Day
Photo Credit: Orlando Tech
Orlando Tech Meetup
Photo Credit: Trucks & Tech
Trucks & Tech Panel Discussion
IndieNomicon Meetup
Photo Credit: IndieNomicon
Photo Credit: FamiLab
FamiLab Soldering Class
The Boulder Thesis
1. Entrepreneur Led
2. Long-term commitment
3. Inclusive
4. Activities that engage
6 Lessons from the
Founders of 1 Million Cups
1. Little changes can make a big
difference.
2. Entrepreneurs must lead
3. E...
12 Tips To Building A Successful
Startup Community
1. Strong pool of tech founders
2. Local capital
3. Killer Events
4. Ac...
Orlando Startup Community Balance Sheet
Assets:
Vibrant and growing start up scene
Self-organizing (entrepreneur led)
Deep...
Source: www.census.gov, www.city-data.com, Metro Orlando EDC
Median Household Income
National $52,142
Florida $46,175
Orla...
The future of our region is dependent
on our ability to create an ecosystem
that generates IPO worthy start ups
Principles
1. Make it easier for anyone to start up.
2. Support the startup community with
education, mentorship, connecti...
What You Can Do
Connect
Share
Mentor
Partner
Sponsor
Local Resources – Get Involved!
http://techevents.us/orlando/
http://orlandotech.org/
http://trucksandtech.com/
http://www...
@canvsORL
www.canvs.org
philip@canvs.org
@PhilipHolt
www.splyt.com
philip@splyt.com
Questions????
Contact me.
Source: InHa...
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Orlando Technology Growth Trends And Why Startup Communities Matter

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Originally presented April 24, 2014 to the Orlando Chamber of Commerce's Business Roundtable attendees by Philip Holt, CEO and co-founder of SPLYT and co-founder of Canvs. Philip gives an overview of tech growth trends around the world and reveals why startup communities are so important to a city's economy.

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Orlando Technology Growth Trends And Why Startup Communities Matter

  1. 1. Orlando Technology Growth Trends And Why Startup Communities Matter Originally presented to Orlando, Inc. April 24, 2014 @canvsORL www.canvs.org philip@canvs.org @PhilipHolt www.splyt.com philip@splyt.com
  2. 2. What This Talk Is About Orlando’s future belongs to a company that does not yet exist. Building the ecosystem that gives rise to that company is as important as anything else we do as a community. It will be hard. It will require all of us.
  3. 3. The Rise of City-States Photo credit: zonu.com
  4. 4. City-States In the flat world, cities are the most important geographic boundaries that matter. Economic opportunity, quality of life, high- quality education, culture all flow from the cities in which we live. We have to consider the global landscape as we assess how our city stacks up.
  5. 5. Can you identify the following cities with just a photo and a few facts? These cities may surprise you.
  6. 6. Population: 23,470,000 2013 GDP $353 billion (USD) If this city were a country, it would be more populous than Australia and have the 32nd largest economy in the world Source: The World Bank, World Population
  7. 7. Shanghai
  8. 8. Population: 13,000,000 One of the largest companies on earth is headquartered here $110 billion (USD) market cap 540,000 employees worldwide Source: Business Standard, World Population Statistics
  9. 9. Mumbai
  10. 10. Population: 10,188,000 #1 Twitter city in the world #2 Facebook city in the world Source: Forbes, Social Bakers, World Population Statistics
  11. 11. Jakarta
  12. 12. Population: 11,822,000 2011 GDP was $200 billion USD 850,000 university students 90 museums, 54 parks, billboards are banned Source: Forbes, IBGE 2010 census data, Fecomericio/SP, World Population Statistics
  13. 13. São Paulo
  14. 14. #1 Tourist Destination in the US #3 busiest airport in the US #1 MS&T cluster in the world #2 largest university in the US
  15. 15. Orlando
  16. 16. Diverse business community with global leadership
  17. 17. Venture Capital backed exits and financings
  18. 18. But where are the $1bn startups? $10B San Francisco 2007 $4.1B Palo Alto 2008 $2B Boston 2002 $4.8B Los Angeles 2002 $1.6B San Francisco 2004 $3.3B San Francisco 2009 $10B San Francisco 2008 $1.2B New York 2007 Source: WSJ
  19. 19. Geography of Venture Capital Source: The Atlantic Cities
  20. 20. Source: The Atlantic
  21. 21. Source: The Atlantic Cities Venture Capital Per Capita
  22. 22. Source: The Atlantic
  23. 23. Source: The Atlantic Cities Based on start ups with high concentrations of STEM jobs, then measured by location quotient, a standard metric that compares a city’s concentration in a given industry relative to national averages. Orlando scored a 1.1
  24. 24. Source: The Atlantic Cities
  25. 25. Shanghai 1950s and 2000s
  26. 26. Zhangjiang Hi-tech Park Shanghai • Established in July 1992 • 29 Square Miles • 9164 Enterprises • 270,000 Employees (60% of whom hold higher than undergraduate degree) • $68 billion in combined operating income • $3 billion in tax revenue
  27. 27. HITEC City Hyderabad • Established in 1998 • 1000s of square acres • Convention center, hotels, exhibition center • Area companies include Microsoft, Oracle, GE Capital, Dell, Google, Deloitte, Accenture, Bank of America, Verizon, Qualcomm, Facebook, United Health Group
  28. 28. This is our Zhangjiang Hi-tech Park and HITEC City. The CV will transform our city.
  29. 29. Infrastructure Research Parks Incubators & Accelerators Start Up Culture Evangelists & Mavens Universities Government Support
  30. 30. Source: clrsearch.com
  31. 31. Source: NewGeography
  32. 32. Photo Credit:
  33. 33. Meet Ups: • Orlando Tech Meetup • 1M Cups • IndieNomicon • Orlando Data Science • Tech on Tap • Dozens of smaller meetups Tech Events: • iSummit • Orlando iX • Venture Pitch • Startup Weekend • Trucks and Tech • Florida Blog Con • Orlando Lean Startup Machine • Orlando Code Camp • Global Entrepreneurship Week • Otronicon News: • Florida Tech Journal • OrlandoTech.org • Bungalower • Daily City • OBJ • Orlando Sentinel Angel Investors: • Florida Angel Nexus • venVelo Partners • EntreNext • New World Angels • Tamiami Angels • Idea Fund Partners Venture Capital: • Arsenal Venture Partners • Florida Growth Fund • Ballast Point Ventures • Medina Capital • Inflexion Partners Coworking & Accelerators: • Canvs • CoLab • Swivel Space • Starter Studio • Blackstone Launchpad • FamiLab • RAISE Lab (UCF) • UCF Business Incubators University Resources: • University of Central Florida • Rollins College • Full Sail University • Florida Institute of Technology • Valencia • Seminole State • DAVE School Start Up Ecosystem
  34. 34. Florida Tech Journal’s Venture Lounge Photo Credit: Florida Tech Journal
  35. 35. Photo Credit: Starter Studio Starter Studio’s Kick Off
  36. 36. Photo Credit: Florida Tech Starter Studio’s Demo Day
  37. 37. Photo Credit: Orlando Tech Orlando Tech Meetup
  38. 38. Photo Credit: Trucks & Tech Trucks & Tech Panel Discussion
  39. 39. IndieNomicon Meetup Photo Credit: IndieNomicon
  40. 40. Photo Credit: FamiLab FamiLab Soldering Class
  41. 41. The Boulder Thesis 1. Entrepreneur Led 2. Long-term commitment 3. Inclusive 4. Activities that engage
  42. 42. 6 Lessons from the Founders of 1 Million Cups 1. Little changes can make a big difference. 2. Entrepreneurs must lead 3. Entrepreneurs need a culture that advocates for, protects, and supports fellow entrepreneurs 4. Sincere support of a community can change the outcome of a start up 5. Entrepreneurs will save America 6. Great ideas live everywhere
  43. 43. 12 Tips To Building A Successful Startup Community 1. Strong pool of tech founders 2. Local capital 3. Killer Events 4. Access to great universities 5. Motivated Champions 6. Local press/websites/organizational tools 7. Alumni outreach 8. Wins 9. Recycled capital 10.Second-time entrepreneurs 11.Ability to attracted a pool of engineers 12.Tent-pole local tech companies
  44. 44. Orlando Startup Community Balance Sheet Assets: Vibrant and growing start up scene Self-organizing (entrepreneur led) Deep and wide talent pool Strong events Several hundred-million dollar exits for venture backed companies Large student population Young town, inexpensive to live here, quality of life is high Diverse and accessible Government support Liabilities: Few second-time entrepreneurs Very little recycled capital Immature angel scene, limited early stage venture capital Lacking meaningful tent-pole tech companies Silo’ed tech and business community Community awareness, primarily driven by mainstream media
  45. 45. Source: www.census.gov, www.city-data.com, Metro Orlando EDC Median Household Income National $52,142 Florida $46,175 Orlando $40,275 1 in 3 jobs in Orlando is Tourism & Hospitality related Why You Should Care
  46. 46. The future of our region is dependent on our ability to create an ecosystem that generates IPO worthy start ups
  47. 47. Principles 1. Make it easier for anyone to start up. 2. Support the startup community with education, mentorship, connections, support, and attention to increase the odds of success. 3. Inspire more people to take this journey.
  48. 48. What You Can Do Connect Share Mentor Partner Sponsor
  49. 49. Local Resources – Get Involved! http://techevents.us/orlando/ http://orlandotech.org/ http://trucksandtech.com/ http://www.isummit.com/ http://www.floridatechnologyjournal.com/ https://www.facebook.com/1millioncupsOrlando http://starterstudio.com/ http://www.meetup.com/cities/us/fl/orlando/ http://venturepitchorlando.com/ http://www.orlando.io/ http://orlando.startupweekend.org/ Source: 1 Million Cups Orlando
  50. 50. @canvsORL www.canvs.org philip@canvs.org @PhilipHolt www.splyt.com philip@splyt.com Questions???? Contact me. Source: InHabitat.com

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